During its current tax year (year one), a pharmaceutical company purchased a mixing tank that had a fair market price of$120,000. it replaced an older, smaller mixing tank that had a bv of $15,000. because a special promotion was underway, the old tank was used as a trade-in for the new one, and the cash price ancluding delivery and installation) was set at$99,500. the macrs class life for the new mixing tank is 9.5 )years. problem 1 and 2a. under the gds, what is the depreciation deduction in year three? b. under the gds, what is the ev at the end of year four? c. if 200% db depreciation had been applied to this problem, what would be the cumulative depreciation through the endof year four? problem 1explain the difference between real and personal property. (problem)problemwhat conditions must a property satisfy to be considered depreciable? problem 2explain how the cost basis of depreciable property is determined.

The chart shows the pricing history for two items. which person saved the most money by buying a product at the right time? carrie, who waited six months to buy a game system timothy, who bought a game system right away because it was popular eugene, who bought a phone immediately for fear they would sell out marlene, who waited six months to buy a phone

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.